Lost. Worried. Lonely. Unnerved. Heartbroken. Angry. Bitter. Relieved. Hopeful. These are just some of the stops along the emotional roller coaster that is divorce. This is not something that you should endure alone. With the resources that are now available you can survive the divorce process with some level of dignity.
First, let me tell you the one resource not to rely on – friends and family! As well meaning that this advice is it can also be misguided, uninformed, and downright damaging to your ability to think straight. Don’t get me wrong, they’re great for the shoulder to cry on and to keep you distracted and to remind you that you are loved. All of which you will need during this ride. But do your best to get advice from objective professionals and not biased family and friends. You’ll come out of this better for it.
The first resource that I think everyone needs during the process and for at least a little while after is
2. Non-Profits – Almost every community in the country has a non-profit that offers divorce support resources. In the Milwaukee and Waukesha Wisconsin area that we service, we have Divorce Care® to find out more: Divorce Care Link Check your local community for those in your area.
3. The Internet – Divorce has become big business. New resource sites pop up every day offering a wealth of free information, downloads, blogs, referrals, directories, etc. It can be overwhelming so just pick out what you connect with and leave the rest. Go slow. Be kind to yourself. Also, Meetup.com is a great resource for local divorce support groups. Going to a few is a good idea but don’t let yourself sink in too long. Recovery is supposed to be about getting better and I know too many people that stay stuck grieving and never move on. Use a support group to move through the process and then – move on.
Bonus Item: CDFA® or Certified Divorce Financial Planner – The most common and paralyzing fear that nearly everyone feels in divorce is “Will I be ok financially?” It’s inevitable. Before you agree to any settlement, you really need a second set of eyes and some financial projections, so you know what you’re going to be looking at. Of course, I’m biased and would prefer that you find a CDFA® actually trained specifically in the finances of divorce but like I said, I’m biased.
This is going to be a challenging time in your life. Ultimately, you will be stronger, happier, and ok – as long as you choose to. Use the resources available to you to make good decisions for yourself. Today truly is the first day of the rest of your life.
This information is not intended to be a substitute for seeking legal advice from an attorney. For legal or tax advice please seek the services of a qualified attorney and/or qualified tax professional.
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Disclosure
Jodie Lane is an Independent Wealth Advisor and a Certified Divorce Financial Analyst®; however, such registration does not imply a certain level of skill or training and no inference to the contrary should be made. The information presented is for informational purposes only, does not intend to make an offer or solicitation for the sale or purchase of any securities, and should not be considered investment advice. Jodie Lane has not taken into account the investment objectives, financial situation, or particular needs of any individual investor. There is a risk of loss from an investment in securities, including the risk of loss of principal. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular investor's financial situation or risk tolerance. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed here. Past performance is not indicative of future results. Investments involve risk, including loss of principal and unless otherwise stated, are not guaranteed. The information provided reflects Jodie Lane's views as of certain time periods, such views are subject to change at any point without notice.
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